Brake Friction Market By Size, Share and Forecast 2029F

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 15.21 Billion
CAGR (2024-2029)	5.37%
Fastest Growing Segment	Passenger Car
Largest Market	North America
Market Size (2029)	USD 20.75 Billion

Market Overview

Global Brake Friction Market was valued at USD 15.21 Billion in 2023 and is expected to reach USD 20.75 Billion by 2029 with a CAGR of 5.37% during the forecast period. The Brake Friction Market is experiencing steady growth, primarily driven by increasing vehicle production, rising safety concerns, and advancements in braking technologies. Brake friction materials are essential for effective braking performance, offering optimal stopping power, durability, and reduced noise. With the automotive sector emphasizing safety, manufacturers are innovating to meet stringent regulations and enhance performance, particularly in anti-lock braking systems (ABS) and advanced driver-assistance systems (ADAS). The rising adoption of electric vehicles (EVs) also influences the market, as EVs require lightweight and efficient braking systems tailored to regenerative braking mechanisms.

Key trends shaping the market include the shift toward eco-friendly friction materials to comply with environmental standards. Non-asbestos organic (NAO) materials and ceramic-based components are gaining traction due to their minimal environmental impact and superior performance. Moreover, the development of quieter and longer-lasting brake pads aligns with consumer preferences for low-maintenance and noise-free solutions. The aftermarket segment is also a significant contributor to market growth, driven by the need for replacement parts in aging vehicles and increasing DIY repairs.

Challenges in the Brake Friction Market include fluctuating raw material costs and the complexities of designing friction materials that balance performance, safety, and environmental compliance. However, the market presents opportunities through advancements in material science and rising demand in emerging markets, where automotive sales are rapidly growing. Additionally, partnerships between automakers and brake friction manufacturers are fostering innovation and ensuring tailored solutions for modern vehicles. The Brake Friction Market is poised for sustained growth, propelled by technological advancements, evolving consumer demands, and a global push toward safer, more efficient braking systems. Manufacturers are expected to focus on innovation and sustainability to maintain competitiveness in this dynamic industry.

Key Market Drivers

Rising Vehicle Production and Sales

Global vehicle production and sales have been steadily increasing, particularly in emerging markets, driving demand for high-quality brake friction materials. As automobile ownership becomes more accessible in developing countries, the need for braking components that ensure safety and reliability grows. Passenger cars and commercial vehicles alike require friction materials that provide optimal stopping power, enhancing road safety. The surge in demand for electric and hybrid vehicles also supports market growth, as these vehicles often require advanced braking systems to complement regenerative braking.

Stringent Safety Regulations

Governments and regulatory bodies worldwide are enforcing stricter safety standards for vehicles, making high-performance brake friction materials essential. Regulations like Euro NCAP ratings and mandates from agencies such as the National Highway Traffic Safety Administration (NHTSA) emphasize improved braking performance and reduced stopping distances. These rules compel automakers to adopt advanced brake friction materials that meet or exceed safety criteria, boosting market growth.

Technological Advancements in Braking Systems

The integration of advanced braking technologies, such as anti-lock braking systems (ABS) and electronic stability control (ESC), is fueling demand for specialized brake friction materials. These systems require components with enhanced durability, heat resistance, and friction properties to ensure precise performance. Innovations in material science, including ceramic and metallic composites, are driving this trend, enabling manufacturers to meet evolving automotive requirements.

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Key Market Challenges

Fluctuating Raw Material Costs

The brake friction market is heavily influenced by raw material costs, including steel, ceramics, and various composites. Price volatility in these materials can disrupt the supply chain and affect profit margins for manufacturers. The unpredictability of raw material prices also creates challenges in maintaining consistent product pricing, making it difficult for companies to plan long-term strategies.

Complexity in Balancing Performance and Durability

Developing brake friction materials that balance high performance, durability, and environmental compliance is a significant challenge. Advanced materials must provide consistent braking power under varying conditions, minimize noise and vibration, and withstand wear and tear over time. Striking this balance requires extensive R&D investment, making it a resource-intensive process for manufacturers.

Increasing Competition in the Aftermarket Segment

The aftermarket for brake friction materials is highly competitive, with numerous players offering a wide range of products. Low-cost alternatives often compete with premium brands, creating pressure on established companies to differentiate their offerings. Counterfeit products in the aftermarket further exacerbate the issue, impacting consumer trust and brand reputation.

Key Market Trends

Growth of Electric Vehicles (EVs)

The rising adoption of EVs is significantly influencing the brake friction market. These vehicles often require lightweight and efficient braking systems that work seamlessly with regenerative braking technology. Manufacturers are innovating with advanced materials like ceramics and composites to meet these demands while maintaining optimal performance. In 2023, global electric car sales surged to nearly 14 million, marking a 35% year-on-year increase and bringing the total number of EVs on the road to 40 million. With electric cars now accounting for approximately 18% of global car sales, up from 14% in 2022 and a mere 2% in 2018, this transition is reshaping demand patterns for brake friction materials and systems.

Adoption of Ceramic-Based Brake Pads

Ceramic brake pads are gaining popularity due to their superior performance, reduced noise levels, and longer lifespan. These pads also produce less brake dust, making them an eco-friendly option. The increasing consumer preference for low-maintenance and environmentally conscious solutions drives this trend, particularly in premium vehicle segments.

Emphasis on Noise, Vibration, and Harshness (NVH) Reduction

Consumers are increasingly seeking quieter and smoother braking experiences, leading to a focus on reducing noise, vibration, and harshness in braking systems. Manufacturers are incorporating advanced damping materials and optimizing friction formulations to meet these expectations, enhancing overall customer satisfaction.

Segmental Insights

Vehicle Type Insights

The passenger car segment is the fastest-growing segment in the brake friction market due to the rising global demand for personal vehicles, technological advancements in braking systems, and increased safety regulations. With growing urbanization and improved living standards, consumers are purchasing more passenger cars, driving the need for advanced brake friction products. Additionally, the shift toward electric vehicles (EVs) is creating new opportunities for brake friction technologies tailored to meet the unique demands of EV braking systems, such as regenerative braking.

Technological innovations are also accelerating the growth of this segment. Modern passenger cars increasingly incorporate advanced braking systems, including anti-lock braking systems (ABS) and electronic stability control (ESC), which require high-performance friction materials to ensure consistent and efficient braking. The growing trend toward lightweight materials in automotive manufacturing is pushing for the development of brake pads and linings with superior performance and durability, further fueling market growth.

Stringent safety regulations and standards worldwide are prompting automakers to enhance braking efficiency. Governments are enforcing rigorous testing and certification processes for brake components, particularly in passenger cars, as they account for a significant portion of vehicles on the road. This has led to the adoption of advanced friction materials that deliver superior performance and reduce noise, vibration, and harshness (NVH).

The growing awareness among consumers about the importance of vehicle safety and performance is driving demand for premium and long-lasting brake friction products. Passenger cars, being central to the mobility needs of a large population, experience frequent braking in stop-and-go traffic conditions, necessitating reliable and durable brake components. These factors collectively position the passenger car segment as the fastest-growing in the brake friction market, with a strong outlook driven by technological, regulatory, and consumer trends.

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Regional Insights

North America dominated the brake friction market due to its advanced automotive industry, stringent safety regulations, and high consumer demand for premium vehicles. The region is home to a mature and well-established automotive sector, featuring a strong base of original equipment manufacturers (OEMs) and aftermarket service providers. This robust ecosystem supports the consistent production and development of high-quality brake friction components to meet market needs.

Stringent safety regulations in North America significantly drive demand for advanced braking systems. Regulatory bodies, such as the National Highway Traffic Safety Administration (NHTSA) and other regional authorities, enforce rigorous standards for vehicle safety, requiring reliable and high-performance brake friction materials. These requirements ensure the widespread adoption of innovative braking technologies, including anti-lock braking systems (ABS) and advanced friction materials, further strengthening the market.

The rising consumer preference for technologically advanced and premium vehicles also boosts market growth. North American consumers are highly aware of the importance of vehicle safety and performance, often opting for high-end cars equipped with superior braking systems. This trend has driven significant investment in research and development, leading to the production of friction materials with enhanced performance, reduced wear, and noise-reducing properties. Moreover, the increasing penetration of electric vehicles (EVs) in the North American market is creating new opportunities for the brake friction industry. EVs require specialized brake friction components to optimize braking efficiency and complement regenerative braking systems. The region’s focus on sustainability and innovation ensures continuous development in this area.

North America’s extensive infrastructure, high vehicle ownership rates, and focus on road safety collectively position it as the leading market for brake friction products. These factors, coupled with ongoing advancements in automotive technology, sustain the region’s dominance in the global brake friction market.

Recent Developments

The 2026 Kia Sportage, revealed in November 2024, featured Blindspot Collision Warning (BCW), Rear Cross-Traffic Collision Avoidance (RCCA), and Safe Exit Assist (SEA) for enhanced safety. These technologies help prevent accidents when changing lanes or exiting the vehicle. The S Hybrid trim also included a 12.3-inch touchscreen and wireless Apple CarPlay/Android Auto.
In November 2024, the IONIQ 9 was unveiled at LA’s Goldstein House, showcasing Hyundai’s commitment to innovation and EV leadership. It featured advanced safety systems like Forward Collision-Avoidance Assist, Lane Keeping Assist, and Safe Exit Assist. These technologies are designed to improve safety and ease driving tasks.
In October 2024, Hyundai launched the Santa Fe Hybrid with XRT off-road packages, offering a 30mm lift and exclusive 17-inch wheels. Standard features included Intelligent Speed Limit Assist, Rear Cross-Traffic Collision-Avoidance Assist, and Safe Exit Assist. The vehicle also featured advanced parking technologies like Surround View Monitor and Remote Smart Parking Assist.

Key Market Players

Brembo N.V.
Akebono Brake Industry Co., Ltd.
Robert Bosch GmbH
ZF Friedrichshafen AG
Nisshinbo Holdings Inc.
Tenneco Inc.
ADVICS Co., Ltd.
MAT Holdings, Inc.
Sangsin Brake Co., Ltd.
ITAPROCHIM S.p.A.

By Vehicle Type	By Liner Type	By Material Type	By Region
Passenger Car Commercial Vehicle	Moulded Brake Liner Woven Brake Liner	Metallic Brake Disc Ceramic Brake Disc Composite Brake Disc	North America Europe & CIS Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Brake Friction Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Brake Friction Market, By Vehicle Type:

o Passenger Car

o Commercial Vehicle

Brake Friction Market, By Liner Type:

o Moulded Brake Liner

o Woven Brake Liner

Brake Friction Market, By Material Type:

o Metallic Brake Disc

o Ceramic Brake Disc

o Composite Brake Disc

Brake Friction Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe & CIS

§ France

§ Germany

§ Spain

§ Italy

§ United Kingdom

§ Rest Of Europe

o Asia-Pacific

§ China

§ Japan

§ India

§ Vietnam

§ South Korea

§ Thailand

§ Rest of Asia-Pacific

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

o South America

§ Brazil

§ Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Brake Friction Market.

Available Customizations:

Global Brake Friction Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Brake Friction Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Market Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Sources of Information

5. Global Brake Friction Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Commercial Vehicle)

5.2.2. By Liner Type Market Share Analysis (Moulded Brake Liner, Woven Brake Liner)

5.2.3. By Material Type Market Share Analysis (Metallic Brake Disc, Ceramic Brake Disc, Composite Brake Disc)

5.2.4. By Regional Market Share Analysis

5.2.4.1. North America Market Share Analysis

5.2.4.2. Europe & CIS Market Share Analysis

5.2.4.3. Asia-Pacific Market Share Analysis

5.2.4.4. Middle East & Africa Market Share Analysis

5.2.4.5. South America Market Share Analysis

5.2.5. By Top 5 Companies Market Share Analysis, Others (2023)

5.3. Global Brake Friction Market Mapping & Opportunity Assessment

5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment

5.3.2. By Liner Type Market Mapping & Opportunity Assessment

5.3.3. By Material Type Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. North America Brake Friction Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Vehicle Type Market Share Analysis

6.2.2. By Liner Type Market Share Analysis

6.2.3. By Material Type Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. United States Brake Friction Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Vehicle Type Market Share Analysis

6.2.4.1.2.2. By Liner Type Market Share Analysis

6.2.4.1.2.3. By Material Type Market Share Analysis

6.2.4.2. Canada Brake Friction Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Vehicle Type Market Share Analysis

6.2.4.2.2.2. By Liner Type Market Share Analysis

6.2.4.2.2.3. By Material Type Market Share Analysis

6.2.4.3. Mexico Brake Friction Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Vehicle Type Market Share Analysis

6.2.4.3.2.2. By Liner Type Market Share Analysis

6.2.4.3.2.3. By Material Type Market Share Analysis

7. Europe & CIS Brake Friction Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Vehicle Type Market Share Analysis

7.2.2. By Liner Type Market Share Analysis

7.2.3. By Material Type Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. France Brake Friction Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Vehicle Type Market Share Analysis

7.2.4.1.2.2. By Liner Type Market Share Analysis

7.2.4.1.2.3. By Material Type Market Share Analysis

7.2.4.2. Germany Brake Friction Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Vehicle Type Market Share Analysis

7.2.4.2.2.2. By Liner Type Market Share Analysis

7.2.4.2.2.3. By Material Type Market Share Analysis

7.2.4.3. Spain Brake Friction Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Vehicle Type Market Share Analysis

7.2.4.3.2.2. By Liner Type Market Share Analysis

7.2.4.3.2.3. By Material Type Market Share Analysis

7.2.4.4. Italy Brake Friction Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Vehicle Type Market Share Analysis

7.2.4.4.2.2. By Liner Type Market Share Analysis

7.2.4.4.2.3. By Material Type Market Share Analysis

7.2.4.5. United Kingdom Brake Friction Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Vehicle Type Market Share Analysis

7.2.4.5.2.2. By Liner Type Market Share Analysis

7.2.4.5.2.3. By Material Type Market Share Analysis

8. Asia-Pacific Brake Friction Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Vehicle Type Market Share Analysis

8.2.2. By Liner Type Market Share Analysis

8.2.3. By Material Type Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. China Brake Friction Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Vehicle Type Market Share Analysis

8.2.4.1.2.2. By Liner Type Market Share Analysis

8.2.4.1.2.3. By Material Type Market Share Analysis

8.2.4.2. Japan Brake Friction Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Vehicle Type Market Share Analysis

8.2.4.2.2.2. By Liner Type Market Share Analysis

8.2.4.2.2.3. By Material Type Market Share Analysis

8.2.4.3. India Brake Friction Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Vehicle Type Market Share Analysis

8.2.4.3.2.2. By Liner Type Market Share Analysis

8.2.4.3.2.3. By Material Type Market Share Analysis

8.2.4.4. Vietnam Brake Friction Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Vehicle Type Market Share Analysis

8.2.4.4.2.2. By Liner Type Market Share Analysis

8.2.4.4.2.3. By Material Type Market Share Analysis

8.2.4.5. South Korea Brake Friction Market Outlook

8.2.4.5.1. Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2. Market Share & Forecast

8.2.4.5.2.1. By Vehicle Type Market Share Analysis

8.2.4.5.2.2. By Liner Type Market Share Analysis

8.2.4.5.2.3. By Material Type Market Share Analysis

8.2.4.6. Australia Brake Friction Market Outlook

8.2.4.6.1. Market Size & Forecast

8.2.4.6.1.1. By Value

8.2.4.6.2. Market Share & Forecast

8.2.4.6.2.1. By Vehicle Type Market Share Analysis

8.2.4.6.2.2. By Liner Type Market Share Analysis

8.2.4.6.2.3. By Material Type Market Share Analysis

8.2.4.7. Thailand Brake Friction Market Outlook

8.2.4.7.1. Market Size & Forecast

8.2.4.7.1.1. By Value

8.2.4.7.2. Market Share & Forecast

8.2.4.7.2.1. By Vehicle Type Market Share Analysis

8.2.4.7.2.2. By Liner Type Market Share Analysis

8.2.4.7.2.3. By Material Type Market Share Analysis

9. Middle East & Africa Brake Friction Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Vehicle Type Market Share Analysis

9.2.2. By Liner Type Market Share Analysis

9.2.3. By Material Type Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. South Africa Brake Friction Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Vehicle Type Market Share Analysis

9.2.4.1.2.2. By Liner Type Market Share Analysis

9.2.4.1.2.3. By Material Type Market Share Analysis

9.2.4.2. Saudi Arabia Brake Friction Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Vehicle Type Market Share Analysis

9.2.4.2.2.2. By Liner Type Market Share Analysis

9.2.4.2.2.3. By Material Type Market Share Analysis

9.2.4.3. UAE Brake Friction Market Outlook

9.2.4.3.1. Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2. Market Share & Forecast

9.2.4.3.2.1. By Vehicle Type Market Share Analysis

9.2.4.3.2.2. By Liner Type Market Share Analysis

9.2.4.3.2.3. By Material Type Market Share Analysis

9.2.4.4. Turkey Brake Friction Market Outlook

9.2.4.4.1. Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2. Market Share & Forecast

9.2.4.4.2.1. By Vehicle Type Market Share Analysis

9.2.4.4.2.2. By Liner Type Market Share Analysis

9.2.4.4.2.3. By Material Type Market Share Analysis

10. South America Brake Friction Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis

10.2.2. By Liner Type Market Share Analysis

10.2.3. By Material Type Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Brazil Brake Friction Market Outlook

10.2.4.1.1. Market Size & Forecast

10.2.4.1.1.1. By Value

10.2.4.1.2. Market Share & Forecast

10.2.4.1.2.1. By Vehicle Type Market Share Analysis

10.2.4.1.2.2. By Liner Type Market Share Analysis

10.2.4.1.2.3. By Material Type Market Share Analysis

10.2.4.2. Argentina Brake Friction Market Outlook

10.2.4.2.1. Market Size & Forecast

10.2.4.2.1.1. By Value

10.2.4.2.2. Market Share & Forecast

10.2.4.2.2.1. By Vehicle Type Market Share Analysis

10.2.4.2.2.2. By Liner Type Market Share Analysis

10.2.4.2.2.3. By Material Type Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Impact of COVID-19 on Global Brake Friction Market

12.1. Impact Assessment Model

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Brembo N.V.

14.1.1.1. Company Details

14.1.1.2. Products

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. Akebono Brake Industry Co., Ltd.

14.1.2.1. Company Details

14.1.2.2. Products

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. Robert Bosch GmbH

14.1.3.1. Company Details

14.1.3.2. Products

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. ZF Friedrichshafen AG

14.1.4.1. Company Details

14.1.4.2. Products

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. Nisshinbo Holdings Inc.

14.1.5.1. Company Details

14.1.5.2. Products

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. Tenneco Inc.

14.1.6.1. Company Details

14.1.6.2. Products

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. ADVICS Co., Ltd.

14.1.7.1. Company Details

14.1.7.2. Products

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. MAT Holdings, Inc.

14.1.8.1. Company Details

14.1.8.2. Products

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Sangsin Brake Co., Ltd.

14.1.9.1. Company Details

14.1.9.2. Products

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. ITAPROCHIM S.p.A.

14.1.10.1. Company Details

14.1.10.2. Products

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1. Key Focus Areas

15.2. Target By Vehicle Type

15.3. Target By Liner Type

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the global brake friction market in 2023?

The market size of the global brake friction market was estimated to be USD 15.21 Billion in 2023.

What are the key driving factors for the global brake friction market?

The increase in production and sales of automobiles worldwide and rapid integration of active safety features in automobiles drive the demand for the global brake friction market.

What are the challenges faced by the global brake friction market?

The low awareness in developing economies and the high initial cost, unpredictability of raw material prices,environmental compliance may hinder the market growth in the forecast period.

What are the key trends in the global brake friction market?

Major trends includes rising adoption of EVs, increasing consumer preference for low-maintenance and environmentally conscious solutions,focus on reducing noise, vibration, and harshness in braking systems. These trends reflect evolving consumer preferences and industry responses to create distinct and appealing offerings.

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